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Explanation of partnerships from the information provided on the IRS website. Information on LLCs based on the IRS website. Please explain this form of business

Explanation of partnerships from the information provided on the IRS website. Information on LLCs based on the IRS website. Please explain this form of business organization and describe some of the advantages and disadvantages of LLCs. Additionally, provide an example of a type of business that would be suited to the LLC form of business organization.

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